Originally Posted by
darthbimmer
I agree, the legacy Select card is too valuable to churn. For the $49 AF I get an annual free night cert t I have no trouble redeeming for at least $150 value. And the 10% awards rebate I make worth $100 most years. This $200 net benefit wouldn't be worth it for a new card, but for an existing card I can pretty much keep in a drawer, it's great.
Is it correct that Chase only close accounts that have zero balance for a long time? Since there is a $49 AF we shouldn't have to put some small charges on it once in a while?